In recent years, financial institutions are driving towards the digital transformation of wealth management as a result of increased regulation, lower profitability, challenging macroeconomic climate, growing competition from new players, and more demanding digital-native customers.
In this regard, InvestSuite, a Belgium-based B2B wealth-tech startup, that helps financial institutions to accelerate their digital wealth transformation, has raised €3M in a fresh round of funding. With this round, the company has raised a total of €9M in funding since its inception in 2018.
The round saw participation from the existing, reference investor PMV, with an additional investment of €800K alongside AB Accelerator, 365.fintech, and other investors.
Read the full article here. Find out more about InvestSuite here.